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Article: Provident Bank Acquires Capstone Realty Advisors, LLC.
- Article from:
- PR Newswire
- Article date:
- September 21, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Deal to Expand Bank's Focus on the Origination and Servicing of
Commercial Real Estate Loans Nationwide
CINCINNATI, Sept. 21 /PRNewswire/ -- Provident Bank President and CEO Robert L. Hoverson announced the acquisition of Capstone Realty Advisors, LLC. With headquarters in Cleveland, Ohio and offices in Columbus and Cincinnati, Capstone originates permanent, long-term, fixed rate commercial real estate loans primarily for life insurance companies.
"We are excited about this acquisition and feel this is an excellent time to expand our commercial mortgage business," said Rodger Davis, Provident's Executive Vice President, Commercial Products ...